Dear CA Friends,
Assuming, I open a capital gain account to park the LTCGs out of a sale residential land and if I am not able to invest that in any house property within 3 years can I invest that into 54EC bond and claim exemption?

Thanks.

My Reliance Sim registered with my PF account simply dead with Reliance Company dead and also I have forgotten my password to login for my PF account access.

Even my employer's staff were also tried for me to login my PF account. They also can't login. Saying that my particulars are incorrect.

What shall I do now? Pliz help me out. I have completed ten years in contribution of pf. I m badly in Financial crises situation due to the Lockdown. Pliz someone help me out.

Is employees gross salary more than 15000, but total of Basic and DA less than 15000, eligible to get benifit under PMGKY scheme under EPFO at the time pf prepairing ECR, provided that he fulfill all other conditons of this scheme.please clarify.

Dear Sir,
please guide us
today I gone for Lakshmi Vilas banks statutory audit, in one of the account, the company has not done charge registration which is a mortgage with the banks
The bank's manager version is the assets are the property of the Directors daughter, hence charge registration not required
Pls, confirm that charge registration is mandatory to be made for assets of the company/assets of the Director or any one's assets?
please confirm how to much with the above situation!!

Composition Dealer providing Car Hire Services. Whether service recipient has to pay pay tax under Reverse Charge Mechanism (RCM)?

Sir,

We were under " Composition " scheme in the FY 2019 - 20 and
would like to continue the same in the current FY ( 2020 - 21 ) also.

Should we file CMP-02 ?
What should we do to continue as "Composition " dealer ?

Pls. advice.

Sir / Madam

For one of my client Tax department has raised demand of Rs. 15,00,000/- (CGST: 750000+ SGST : 750000) and uploaded DRC-07. My client paid the amount by way of DRC-03. But in the liability ledger the demand is still pending showing as balance. Kindly clarify whether the demand raised in DRC-07 may be paid in DRC-03, if correct how can we link the amount paid through DRC-03 against DRC-07.

Dear Sir
A demand of Rs 36050 / was raised under sec 143 1a on 23.05.2011(assessment year 2010-11) which I could not attend. I am also not able to get detailed form 16 from my employer(as Record is not available). I think this difference was due to tax paid by employer on Perquisites. However I paid Rs 36050/ on 31.03.2020.
Now again a fresh demand under sec 220(2) is raised for Rs 38217/ on 03.4.2020.
1. Can i get detail of calculation of fresh demand under sec 220(2)
2 whether i Have any remedy under Direct tax VIVAD SE Vishwas.

Dear Sir
My wife availed housing loan in her sole name and o/s is around Rs 35 Lacs. if I repay entire loan from my superannuation fund, will it be taxable to me or my wife.

1.composite scheme registered sales of goods turnover Rs.60 lacs and service turnover Rs.5 lacs
2. Composite scheme registered service turnover Rs.40 lacs and sales of goods turnover Rs.5 lacs.
Above two transactions composite dealer tax applicable rate 1 %or 6%.